ABI

JANUARY 22, 2023

John's University School of Law American Bankruptcy Institute Law Review Staff Section 362 of title 11 of the United States Code (the “Bankruptcy Code”) provides that the filing of a bankruptcy petition results in an automatic stay generally enjoining all actions, including a foreclosure sale, against a debtor or its property. [1]

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Foreclosure Debtor Bankruptcy Judgment 40

Consumer Financial Services Law

FEBRUARY 1, 2018

The Tenth Circuit has weighed in on whether a non-judicial foreclosure is debt collection activity. Wells Fargo, 2018 U.S. LEXIS 1275 (10 th Cir., Instead of responding, the law firm initiated a non-judicial foreclosure. In doing so, the Tenth Circuit has joined a split in the circuits on the issue. In Obduskey v.

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Foreclosure Law Firms Collections Debt collector 40

ABI

JANUARY 20, 2020

4] The court approved Parkland’s modification to its Plan of Reorganization stating that if Bridgeview successfully bid on the Artesian Property in a foreclosure sale, Bridgeview would finance Parkland’s purchase of it from the creditor. [5] 6] The foreclosure sale took place and Bridgeview’s nominee purchased the property. [7].

Debtor 40

Debtor Foreclosure Bankruptcy Legal Rights 40

Sawin & Shea

APRIL 26, 2023

Judgment Liens in the Hoosier State In Indiana, judgment liens last for 10 years. Even after a law was passed in 2018 to prohibit creditors from reporting liens to credit bureaus , lenders can still search for judgments using public records, making it harder to get a job or a loan. Do You Have a Judgment Lien Against You?

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Judgment Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy 52

Troutman Sanders

OCTOBER 16, 2023

On October 10, the North American Securities Administrators Association (NASAA) — an alliance of securities regulators across the states, Canada, and Mexico — supported the SEC’s claims that assets and services offered by crypto exchange Coinbase are investment contracts. On October 10, D.C. For more information, click here.

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Financial services Student loans Student Loans Credit Unions 52

Collection Industry News

JANUARY 25, 2021

Insured creditors that meet the following conditions qualify for the exemption: As of the preceding December 31 st the insured creditor had assets of $10 billion or less (which dollar amount is subject to annual adjustment for inflation).

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Loans Creditors Credit Unions Credit Unions 40

Credit Corp

JANUARY 28, 2021

By 2016, GameStop had owned and operated approximately 1,500 mobile-phone stores under the Spring Mobile name, and in 2018, had sold the whole mobile-phone business. Their greed eventually reached a point where many homeowners could not make their mortgage payments causing foreclosures, and eventually, a recession.

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